Just one in five schemes has reconciled GMP
Just one in five schemes has reconciled guaranteed minimum pensions, according to research carried out by Professional Pensions.
This week's Pensions Buzz, which surveyed 130 pension professionals and trustees, revealed worrying figures as the government's 2018 reconciliation deadline approaches. Just over half of respondents...
More on Defined Benefit
How should trustees consider climate risks to sponsor covenants?
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.
Recovery end plan dates lengthened by just one third of DB schemes
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown remains slowest on pension transfers
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulator's gateway guidance could set 'too high a hurdle' for superfunds
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
TPR: Just 4% of schemes have agreed DRC deferrals
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
